2312 Pisani pl, Venice, CA 90291
Active
$2,800,000
2 Units
3 Beds
3 Baths
1,741 Area(sq.ft.)
Lot: 4,002 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 6,800 | $ 6,800 | $ 7,000 |
| Unit 2 | 1 | 1 | 1 | No | $ 3,500 | $ 3,500 | $ 4,000 |
| 2 | 3 | 3 | $ 10,300 | $ 10,300 | $ 11,000 |
| MLS #: | 25537933 |
| Days On Market: | 216 |
| Listing Date: | May 4, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,608 |
| Price per unit: | $ 1,400,000 |
| Year Built: | 1942 |
Property Details
Tucked away on a quiet Venice corner lot, two distinct homes stand side by side, each with its own character, charm, and each completely private. The first is a 1,309 SF 2 BR + 2 BA home that perfectly captures the effortless cool of Venice, where architectural design and coastal charm converge. As soon as you step inside, the soaring vaulted ceilings with clerestory windows invite the sky in, and subtly infuse the space with natural light. The airy ambiance is matched by warm materials throughout: light oak as well as cork flooring, whitewashed walls, and slate tiled countertops. The open floor plan effortlessly connects the living room, cozy reading or TV nook, dining area, and kitchen anchored by a beautifully curved counter creating a seamless flow ideal for both quiet evenings and effortless entertaining. 8 foot glass doors lead you to outdoor decks and patio areas, blurring the lines between indoor and outdoor living. Each of the two spacious bedrooms is its own retreat: the ensuite offers access to a private outdoor area, while the second opens out to its own deck. Every space in the home feels both expansive and intimate, and its overall thoughtful design emphasizes the connection to both the outdoors and Venice's laid-back, artistic style. The second home, a 432-square-foot Traditional, exudes warmth as soon as you walk through the gate into a charming enclosed front yard. Inside, a cozy yet open living and dining area flows into the kitchen, and the single bedroom, basking in soft light, offers comfort and calm. Both homes are currently tenant occupied with market rents of $6,800 and $3,500 respectively making this not only a unique living opportunity, but a smart investment as well. Two homes, one lot, endless possibilities: live in one, rent the other; share with family; or enjoy as a peaceful, income-producing Venice mini-compound.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 123,600 |
| Total Annual Expense: | $ 8,052 |
| Net Operating Income: | $ 115,548 |
| Gross Annual Income: | $ 123,600 |
| Cap Rate: | 3.75% |
| Gross Rent Multiplier: | 22.66 |
| Actual Gross Rent: | $ 123,600 |
Structure
| Type of Units: | SFR |
| Buildings: | 2 |
| Levels: | One |
| Style: | Architectural |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Uncovered |
Interior
| AC/Cooling: | Air Conditioning, Wall/Window |
| Equipment: | Refrigerator, Freezer, Range/Oven, Dryer, Washer |
| Heating: | Wall |
Exterior
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